KITA and KSA discuss tough Pacific trading conditions

Liner operators have told South Korean shippers that it will not be easy to solve Transpacific container capacity issues, in a meeting last week.

The Korea International Trade Association (KITA) initiated a meeting with representatives of various liner operators on 24 September, through the Korea Shipowners’ Association (KSA), to discuss rising Transpacific rates, which have come to the attention of both China’s Ministry of Transport and the US Federal Maritime Commission.

The shippers complained...

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